Daily Management Review
Economics

American Express increases quarterly revenue to record $17.9 billion

American Express Co., a major player in the U.S. credit card industry, reported a 9% year-over-year revenue rise in the second quarter and a 4% drop in net income, with both metrics surpassing market expectations. In April-June 2025, the firm's revenue rose to an all-time high of $17.9 billion, up...

FT: Trump to open US pension market to cryptocurrency investments

Donald Trump is set to allow investments in cryptocurrency, gold, and private equity within the $9 trillion US pension market, according to the Financial Times, referencing three individuals knowledgeable about the US president’s intentions. The newspaper's sources indicated that Trump might sign...

China’s Rare Earth Magnet Exports Surge, Reinforcing Global Supply‑Chain Leverage

China’s shipments of rare earth permanent magnets to the United States saw a dramatic rebound in June, delivering nearly 350 metric tons to U.S. ports after months of constrained deliveries. The rebound follows Beijing’s decision to expedite export licenses that had been held up under new...

Trump’s Tariff Threat Rattles EU Exporters Amid Looming 30% Levies

Since US President Donald Trump’s announcement of a sweeping 30% tariff on European Union imports set to begin August 1, EU exporters have been scrambling to mitigate its fallout. What started as an effort to address America’s goods trade deficit—now standing at roughly €198 billion—has evolved...

Crypto Market Value Surges past $4 Trillion on Institutional Demand and Policy Advances

The global cryptocurrency industry has vaulted to unprecedented heights in mid‑July 2025, with total market capitalization topping $4 trillion for the first time. This landmark has been driven by a potent combination of massive inflows into regulated investment vehicles, landmark legislation...

US Fed Holds Steady on Rates as Inflation Pressures and Growth Resilience Mount

As the Federal Reserve gears up for its July 29–30 policy meeting, officials appear set to maintain the benchmark federal funds rate in its current 4.25 percent–4.50 percent range, citing renewed signs of inflation, firm consumer spending and resilient labor markets. Despite vocal calls from...

Central Banks Turn Inward to Fortify Reserves with Homegrown Gold

Across Africa, Latin America and Asia, central banks are increasingly bypassing London’s bullion market in favour of direct purchases from domestic mines. With gold prices soaring and geopolitical uncertainty mounting, policymakers are tapping local gold production to expand reserves, support...

China Moves to Stem Deflation’s Grip with Price Oversight and Consumption Drive

Deflationary forces have tightened their hold on China’s economy, as factory‑gate prices continue to slide and corporate earnings shrink. In the first half of 2025, producer prices fell by nearly 3 percent year‑on‑year, extending a record streak of factory‑price declines that now spans more than a...

Japan’s Export Slump Stokes Recession Fears as Eyes Turn to U.S. Trade Pact

Japan’s economy faces mounting uncertainty after data showed exports contracting for a second consecutive month in June. The 0.5 percent year‑on‑year decline followed May’s 1.7 percent drop, deepening concerns that the country may slip into recession. With trade accounting for nearly a quarter of...

Bundesbank expects Germany's GDP to stagnate in Q2

The German central bank anticipates no growth in the country's GDP for April-June 2025 following an unanticipated recovery in the first quarter. The economy “likely stagnated” and the overall trend continues to be “weak,” according to the Bundesbank's monthly report. The central bank cautioned...
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